Ukraine's exports have been badly impeded by the conflict, which has caused the country to close its ports, while Russia's exports have been damaged by Western sanctions. This has left India in a critical role as IMF Chief begs India to revise wheat export ban policy at World Economic Forum.
Kristalina Georgieva, the head of the International Monetary Fund (IMF), urged India on Tuesday to rethink its restriction on wheat exports, stating the nation could serve an important role in international food security and world stability, reports NDTV.
At the World Economic Forum in Davos, Switzerland, she told NDTV, "I do have an appreciation for the fact that India needs to feed nearly 1.35 billion people and I do have appreciation for the heatwave that has reduced agricultural productivity, but I would beg India to reconsider as soon as possible because the more countries step into export restrictions, the more others would be tempted to do so and we would end up as a global commun...
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